Yahoo (YHOO) announced last week plans to shutter its business in South Korea as a result of plans to restructure the company. The search engine on Tuesday officially began notifying employees of the closure and will be eliminating 200 jobs as a result, according to Reuters. Yahoo CEO Marissa Mayer previously said that the decision …
Yahoo (YHOO) CEO Marissa Mayer has wasted no time in turning the Internet portal into a lean and mean Web machine since she landed the job in July. Next up on Mayer’s agenda after giving all Yahoo employees free iPhones and food is trimming all the bloat on the portal’s homepage. Business Insider claims the screenshot above …
As we’ve noted previously, Yahoo (YHOO) CEO Marissa Mayer is not messing around when it comes to getting her new company up to speed with her former employer, Google (GOOG). And now, unnamed sources have told Business Insider that Mayer has delivered a new ultimatum for employees working on product pitches: Figure out a way to get it …
Yahoo’s (YHOO) decision to go with Microsoft’s (MSFT) Bing as its underlying search technology hasn’t exactly upended the search engine market, and now Google (GOOG) Chairman Eric Schmidt has publicly stated that he’s interested in breaking up the marriage between the two companies. Forbes reports that while speaking at an event to promote the Nexus 7 …
Ever since taking over as CEO of Yahoo (YHOO), Marissa Mayer has used a series of carrots and sticks to boost employee morale at the company and to motivate employees to work longer and harder than they ever have. Mayer’s new program of giving everyone in the company a free smartphone falls squarely into the …
It should be pretty obvious by now that new Yahoo (YHOO) CEO Marissa Mayer is not messing around. An unnamed source has told Business Insider that Mayer has now taken control of the company’s hiring process and personally reads the resumes of every “serious candidate” to weed out anyone who doesn’t meet her exacting standards.
Yahoo (YHOO) employees had better enjoy the free iPhones and all the free food they’ll be getting at Yahoo company cafeterias because it seems they’re going to be working a lot of late nights. Business Insider reports that new Yahoo CEO Marissa Mayer is letting Yahoo employees know that they’re going to have to start putting in …
Despite the fact that she worked at Google (GOOG) for the past 13 years, Yahoo’s new CEO Marissa Mayer wants all her employee to use an iPhone. Mayer has been using Apple’s (AAPL) smartphone for years, even during her tenure at Google, and the executive has enjoyed the device so much that she is considering …
A recent filing with the United States Securities and Exchange Commission reveals that newly appointed Yahoo (YHOO) CEO Marissa Mayer will potentially earn $100 million over the next five years. The sum is undoubtedly huge, but the tasks that lie ahead for Yahoo’s new chief are daunting at best. Now that Mayer has taken the …
Yahoo on Tuesday reported its second quarter earnings, beating Wall Street’s earnings expectations of $0.23 per share on $1.096 billion in revenue. The firm posted earnings of $0.27 per share on sales that narrowly missed analysts’ consensus at $1.08 billion. Yahoo’s search revenue came in at $461 million, down 1% year-over-year, while display revenue was up …
